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Updated Duplex with Separate Utilities
For Sale
$103,000

424 6th Iron, Iron Mountain, MI 49801

Two residential units offer private utility service and in-unit laundry and kitchen appliances.

Property SizeContact for details
Days on Market215

Property Features for 424 6th Iron

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

Cable Ready
Forced Air
Dryer
Range/Oven
Refrigerator
Washer

Building Details

Year Built 1900
Buildings 1
Listing Agency: STEPHENS REAL ESTATE
Listed By: BETSY SAWICKY · License #6501284459
Source: Kw
Added: Jan 18 Changed: Aug 19 Last Checked: Aug 20 at 7:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STEPHENS REAL ESTATE

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each arranged with two bedrooms and one bathroom. Both apartments include a range, refrigerator, washer, and dryer, while separate utility service places water, heating, and electricity responsibilities with the respective tenants. The property was built in 1900.

Recent work includes new flooring and interior paint in the upper apartment, along with exterior recoating and a roof replacement completed in 2024. Positioned on a corner lot at 424 6th in Iron Mountain, Michigan, the property offers a straightforward two-unit configuration for residential income use.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom per apartment
  • Separate utilities for each unit; tenants pay water, heat, and electricity
  • Range, refrigerator, washer, and dryer included in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 49801, MI

11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer private utility service and in-unit laundry and kitchen appliances.
Where is this duplex located?
The property is located at 424 6th Iron Iron Mountain, MI.
What is the asking price?
The asking price for this property is $103,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom per apartment; Separate utilities for each unit; tenants pay water, heat, and electricity; Range, refrigerator, washer, and dryer included in both units
More about this property
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